Exporting

Enjoy The Security Of Payment Commitments

Documentary Credit Confirmation is a service which we offer, to add our undertaking to pay, in the event that the Issuing Bank is unable to pay, even though the documents submitted by you, the Exporter, are fully compliant.

It may be that the Bank that has issued the DC is not well known, or in financial difficulties itself, or the administration of country of the Importer may present risks, real or perceived, which you, the Exporter, is not comfortable with.

Benefits:

• Benefit from an additional undertaking of payment if the Issuing Bank of the DC fails to pay you
• You can proceed to source raw materials and incur the necessary overheads to prepare for shipment
• No more payment worries when the time comes for shipment
• You won’t have contingent liability in your books. Negotiated payments of your DC is non-recourse

Or call us at 1800 88 3898 for more details